Mississippi HB513 would allocate 12.5% of fees and fines from the Medical Cannabis Act to the Public Health Trust Fund for four years.
Mississippi HB513 amends Section 41-137-61 of the Mississippi Code of 1972 to redirect 12.5% of all fees and fines collected by the Mississippi Department of Revenue and the Mississippi Department of Health from the Medical Cannabis Act into the Mississippi Public Health Trust Fund. This allocation would last until July 1, 2030, after which all such fees and fines would be deposited into the State General Fund. The bill aims to bolster the Public Health Trust Fund with a specific percentage of cannabis-related revenue for a defined period.
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